Nasdaq, Inc., a leading global technology company, is headquartered in the United States and operates extensively across North America, Europe, and Asia. Founded in 1971, Nasdaq revolutionised the financial markets by launching the world's first electronic stock exchange, setting a precedent for modern trading practices. The company primarily operates in the financial services industry, offering a diverse range of products and services, including market technology, trading platforms, and data analytics. Nasdaq's unique blend of innovative technology and comprehensive market insights positions it as a key player in the global financial ecosystem. With a strong market presence, Nasdaq has achieved notable milestones, including the listing of thousands of companies and the development of advanced trading solutions that enhance market efficiency and transparency.
How does Nasdaq's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Nasdaq's score of 70 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Nasdaq reported total greenhouse gas emissions of approximately 91,781,000 kg CO2e, with emissions distributed across various scopes: 75,100 kg CO2e from Scope 1, 18,776,000 kg CO2e from Scope 2, and a significant 91,644,000 kg CO2e from Scope 3. This reflects Nasdaq's commitment to sustainability and its ongoing efforts to reduce its carbon footprint. Nasdaq has set ambitious targets to achieve net-zero greenhouse gas emissions across its value chain by 2050. The company aims to reduce its absolute Scope 1 and Scope 2 emissions by 100% by 2030, while also committing to sourcing 100% renewable electricity during this period. Additionally, Nasdaq plans to cut its absolute Scope 3 emissions by 50% by 2030 and 95% by 2050, using 2021 as the baseline year for these reductions. These targets have been validated by the Science Based Targets initiative (SBTi), underscoring Nasdaq's commitment to aligning its climate strategies with global climate goals. The company also aims for 70% of its suppliers, by spend, to set science-based targets by 2027, further enhancing its sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | - | 0,000 | 000 | 00,000 | 00,000 |
Scope 2 | 34,409,000 | 00,000,000 | 00,000,000 | 000,000 | 00,000 |
Scope 3 | 28,475,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Nasdaq is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.